WA Investor Services supports Connection Capital investment in Mr Pickford's pharmacies

WA Investor Services is proud to announce it has supported Connection Capital’s acquisition of Mr Pickford’s, an innovative community pharmacy business. The investment will help support Mr Pickford’s expansion plans, taking advantage of its market leading use of technology to deliver high quality services to patients.

WA provided political due diligence to support the transaction, with its team of specialist political risk analysists assessing the enhanced role of pharmacies as a partner in public health policy, as well as the outlook for funding in the sector in light of the evolution in government expectations of pharmacy services.

Miles Otway, Partner at Connection Capital said: “The WA Communications team delivered an excellent piece of work that provided insight for both Connection Capital in our deal assessment process but also the management team as they think about the shaping of their offering to patients to align with the wider central government and NHS priorities. We have already engaged WA Communications on another due diligence exercise and look forward to working further with the team.”

Commenting on the deal, WA Partner and Head of Investor Services Lizzie Wills said: “We are extremely pleased to have worked with Connection on this deal. The pharmacy sector is undergoing a period of transition, driven by changing government policy and a renewed commitment to disease prevention in the NHS.  Our market leading expertise in the health sector put us in a strong position to support Connection’s successful deal and we look forward to seeing the business develop over the coming years.”